Veeco price target lowered to $40 from $45 at Oppenheimer
The Fly

Veeco price target lowered to $40 from $45 at Oppenheimer

Oppenheimer analyst Rick Schafer lowered the firm’s price target on Veeco (VECO) to $40 from $45 and keeps an Outperform rating on the shares. The firm notes Veeco reported in-line Q3/Q4 results/outlook Wednesday. Management narrowed the full year 2024 topline to $700M-$720M from $690M-$730M, Oppenheimer notes.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App